Home
About Us
Matt Damon and Gary White are putting their money where their mouth is.
The two are co-founder and CEO of WaterEquity, a nonprofit that aims to improve access to safe water and sanitation around the world, USA Today reports.
"Access to safe water and sanitation is a fundamental human right under binding international law," White says in a press release.
"Yet today, a global water crisis still persists."
According to the UN, more than 3.5 billion people worldwide lack access to safely managed sanitation and more than 2.2 billion people lack access to safe water.
WaterEquity estimates that if 600 million low-income people could get financing for water and sanitation services over the next decade, the market would be worth $35 billion.
WaterEquity has made more than $360 million in investments in four private investment funds that have reached more than 5 million people with increased access to safe water and sanitation.
And 93% of the people taking out the micro loans are women.
"Ensuring equitable access to safe water and sanitation cannot be accomplished without giving women the power and the capital to solve for their futures," White says in the press release.
WaterEquity's investment funds lend money to financial institutions in developing countries to expand water and sanitation lending.
The loans are repaid at an average rate of 97%
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
AC Milan 3-2 Parma: Five things we learned impact, investment needed and weakest link - Yahoo Sports.':"";if(r){var...more
Femmehealth Ventures Publication is the only newsletter dedicated to analysing femtech startups through an investor's lens.In today's article, we explore the untapped potential of angel investing in...more
Many impact investors presume that they will succeed at having a positive effect on the world when they assess their investment options.Few of those impact investors follow up on whether their...more
Sustainable Investments Investment Officer at CalPERS is pivotal in shaping and executing sustainability strategies within the organization's investment portfolio.Responsible for sourcing and market...more
The insider funding round was co-led by Health Care Service Corporation and includes Adams Street, Cobalt Ventures, and Horizon Mutual Holdings.Existing investors back the vision and innovation...more
KOIS has appointed Impact and Influence (I&I) as its strategic communications partner.I&I will focus on accelerating Brussels-headquartered KOIS Advisory's growth through greater visibility in the...more
An impact investment wholesaler is an investment vehicle that invests in intermediaries, attracts new capital, and develops the impact investing market.What are the benefits of impact...more
The 2024 global average temperature will have exceeded the 1850-1900 average by more than 1.5 degrees Celsius.Data from the Copernicus Climate Change Service (C3S), the European Union's climate...more
Social Stock Exchange-catalyst For Societal Development.43 entities on the Bombay Stock Exchange SSE platform and 59 entities in the National Stock Exchange sSE platform as of date.Annual Impact...more
The government has announced its AI Opportunities Action Plan.Dr Dominic Lees said: "The commitment to investing in AI 'hardware' is great, but there are'software' issues to resolve" The creative...more
Social Innovation News from...
Rockefeller Foundation
Changemakers
Boeing Company
Social Entrepreneurship
Spotlight
5 Lessons Gleaned at the 1st Annual 2013 Social Entrepreneurship Conference
The 1st annual 2013 Social Entrepreneurship Conference was a collaboration between the Maricopa Small Business Development Center, SEED SPOT, Wells Fargo, the SBA, and the Maricopa Community Colleges.
